The Princeton Plan, Sheffield ForestNew BaltimoreMI48051
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Baltimore at The Princeton Plan, Sheffield Forest, New Baltimore, MI, 48051 offers $4,132/mo rent that, after a $2,481/mo payment, leaves $789/mo cash flow. Total monthly income is $4,132/mo, and annual cash flow is $9,469/yr on $166,800 cash. Return on cash invested measures 25.74% in year one, and rental yield stands at 9.78% at a $506,990 entry. Equity gained on principal adds $3,272/yr while 5% annual appreciation compounds into $140,072 by year five. Five-year ROI records 134.62% and total cumulative return in cash reaches $224,550. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,132/mo property income versus a $2,481/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48051, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,506 (100%) |
| Owner Occupied HU | 6,264 (83.5%) |
| Renter Occupied HU | 986 (13.1%) |
| Vacant Housing Units | 256 ( 3.4%) |
| Median Home Value | $283,218 |
| Average Home Value | $286,672 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
7,817
Multi-Family
0
Businesses
604
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Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A